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The current 10% reduction in landing and parking
charges at Hong Kong International Airport has been extended for
three months to 31 March 2010. The extension, amounting to
additional savings of up to HK$56 million, will give airlines
further relief against possible uncertainty on their paths to
recovery.
The 10% reduction in the landing and parking
charges, which was originally due to expire at the end of 2009, is
part of a HK$450 million relief package launched by the Airport
Authority in April this year to assist aviation business partners
whose business has been adversely affected by the global economic
downturn.
Apart from the 10% reduction in the landing and
parking charges, the relief package also offers an interest-free
payment deferral for premises rented at HKIA for up to one year
till end of March 2010.
"This decision will be seen as good news by all
the airlines using HKIA as it will encourage them to maintain or
even increase frequencies at a time when sustainable recovery in
aviation still looks far from certain," said Cathay Pacific’s
Chief Executive, Mr Tony Tyler. "It also helps maintain the
competitiveness of the Hong Kong hub in the face of the discounts
being offered to airline by many other airports in the region."
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